The Turkish president vowed not to be affected by pressure from Russian sanctions after Turkey shot down a Russian fighter jet in November.

The retailer's Puerto Rico unit filed a lawsuit against the commonwealth over a new tax it claimed would lift its tax burden above 90 percent of operating income.

Checks will range from $1,298 to $202 million in the latest set of recoveries for investors in Bernard Madoff's Ponzi scheme, a trustee said.

The restaurant chain's stock took a dive Friday after federal regulators announced more illnesses have been linked to its menu offerings.

The global oil group has raised its production limit to reflect more accurately how much oil it has sent to global markets.

David Crane stepped down this week as head of the New Jersey power company amid investor unhappiness over Crane's renewable energy push.

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The Colombian capital is at the forefront of a global effort by cities to transform their public transit systems into cleaner, more efficient networks.

The nine executives bought $43.1 million worth of shares before the completion of the all-stock deal between Cheil Industries Inc. and Samsung C&T Corp.

The German automaker also registered a 25 percent decline in sales in the U.S. for November after it pulled out its diesel cars from the market there.

Gleevec, which has annual sales of $2.5 billion in the U.S., is considered a blockbuster drug for Novartis.

The Japanese electronics manufacturer is under increased pressure to shed unprofitable units after it admitted to an accounting scandal earlier this year.

Saudi Arabia has maintained that a cap on oil production would not work if non-OPEC producers like Russia and Mexico do not agree to output cuts.

The news comes as Australian authorities said that they were "optimistic" the plane will be found in the current search area in the southern Indian Ocean.

It's Uber versus the rest of the world as competitors seek ways to consolidate their positions in markets from Los Angeles to Beijing.

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Scientists and engineers around the world are working on nuclear fusion reactors that, if successful, could replace today's carbon-intensive power plants.

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The American fast food giant stands accused of flouting the EU's state-aid rules and evading over $1 billion in taxes through its tax deals with Luxembourg.